BILL · 2003–04 SESSION

HB 1035: Corporations/b&o tax credits

Authorizing a business and occupation tax credit for corporations establishing headquarters in this state.

Summary

Creates a business and occupation (B&O) tax credit for high tech businesses that establish a corporate headquarters or expand or add to an existing corporate headquarters in Washington.
Allows a B&O tax credit of up to 20 percent of qualifying real property costs, over $50,000, associated with the establishment, expansion, or addition to the corporate headquarters or direct costs during the first 5 years associated with leased facilities if 40 new, full-time, permanent jobs are created in Washington.
Allows a B&O tax credit for certain tangible personal property if 75 new full-time jobs are created performing headquarters related functions and services or research and development.

From the House Bill Analysis (HB 1035), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee

AN ACT Relating to authorizing a business and occupation tax credit for corporations establishing headquarters in this state;

No recorded floor votes. This measure never reached a floor vote.

Bill numbers restart every two years, so the same number is a different bill in each session.

HB 1035 (2025–26) Higher ed. traumatic stress · Did not pass · died in committee
HB 1035 (2023–24) Health care restrictions · Did not pass · died in committee
HB 1035 (2021–22) Rent relief & housing · Did not pass · died in committee
HB 1035 (2019–20) School resource officers · Did not pass · died in committee
HB 1035 (2017–18) Prevailing wage survey data · Did not pass · died in committee
HB 1035 (2015–16) Guardian ad litem pers. info · Did not pass · died in committee
HB 1035 (2013–14) Title insurance rate filings · Enacted · Chapter 65, Laws of 2013
HB 1035 (2011–12) Eminent domain/economic dev. · Did not pass · died in committee